EXPRESSIONS OF INTEREST
28-34 Bowen Road, Hermit Park QLD 4812
PROPERTY HIGHLIGHTS
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National Tenant Investment - OzCar
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Dominant High Profile Location
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Long Term Lease Security
OzCar - National Tenant Investment
DESCRIPTION
OzCar - a premium retail investment servicing customers of far north Queensland.
A long term proven investment, OzCar Townsville has been successfully retailing upon this site since 2018.
OzCar Townsville is already a proven success - trading from this site since 2018.
Strong site fundamentals benefit from continuous exposure to a continuous customer base.
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OzCar Group is the nation's leading retailer of second-hand motor vehicles - operating 22 metropolitan and regional locations.
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Enormous site covering 3,423sqm across three titles. A wide corner frontage and strong operational flexibility.
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Automotive showroom, workshop areas and expansive vehicle display yard representing OzCar fortunes.
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Multiple access points enabling efficient entry, exit and on-site vehicle movement.
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5 year lease term commencing July 2023, plus 2 x 5 year options
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Annual rental increases indexed to 3%, ensuring consistent income growth.
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Flexible Mixed-use zoning supporting future redevelopment potential (STCA).
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Current Net Income: $295,212.96* (+ GST) per annum.
28-34 Bowen Road will be offered For Sale via immediate offers to purchase.
For further information or to receive a copy of our Information Memorandum, please contact the Exclusive Marketing Agents:
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